First United (First United) Price-to-Tangible-Book

: 0.98 (As of Today)

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As of today (2024-04-19), First United's share price is $22.18. First United's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $22.56. Hence, First United's Price to Tangible Book Ratio of today is 0.98.

The historical rank and industry rank for First United's Price-to-Tangible-Book or its related term are showing as below:

FUNC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78 Med: 1 Max: 1.49
Current: 0.98

During the past 13 years, First United's highest Price to Tangible Book Ratio was 1.49. The lowest was 0.78. And the median was 1.00.

FUNC's Price-to-Tangible-Book is ranked worse than
54.89% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs FUNC: 0.98

A closely related ratio is called PB Ratio. As of today, First United's share price is $22.18. First United's Book Value per Sharefor the quarter that ended in Dec. 2023 was $24.38. Hence, First United's P/B Ratio of today is 0.91.

First United Price-to-Tangible-Book Historical Data

The historical data trend for First United's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First United Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.49

0.90

0.96

0.94

1.04

First United Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																0.94	0.80	0.67	0.76	1.04

Competitive Comparison

For the Banks - Regional subindustry, First United's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First United Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, First United's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First United's Price-to-Tangible-Book falls into.

First United Price-to-Tangible-Book Calculation

First United's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	22.18	/	22.556
	=	0.98

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

First United Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of First United's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

First United (First United) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First United Corp (NAS:FUNC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FU3:Germany

Address

19 South Second Street, Oakland, MD, USA, 21550-0009

Website

https://www.mybank.com

First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings.

Executives

Marisa A. Shockley	director	19 S. SECOND STREET, OAKLAND MD 21550
Carissa Lynn Rodeheaver	officer: Chief Financial Officer	19 SOUTH SECOND STREET, OAKLAND MD 21550
Brian R. Boal	director	19 S. SECOND STREET, OAKLAND MD 21550
Jason Barry Rush	officer: VP and Director of Operations	19 SOUTH SECOND STREET, OAKLAND MD 21550
Kevin Hessler	director	19 S. SECOND STREET, OAKLAND MD 21550
John Mccullough	director	19 SOUTH SECOND STREET, OAKLAND MD 21550
Beth Moran	director	19 S. SECOND STREET, OAKLAND MD 21550
Irvin Robert Rudy	director	121 NORTH SECOND ST, OAKLAND MD 21550
John F. Barr	director	19 S. SECOND STREET, OAKLAND MD 21550
Christy Dipietro	director	19 S. SECOND STREET, OAKLAND MD 21550
Patricia Milon	director	19 S SECOND STREET, OAKLAND MD 21550
Gary Ruddell	director	19 SOUTH SECOND STREET, OAKLAND MD 21550
Sanu Chadha	director	19 S. SECOND STREET, OAKLAND MD 21550
M Kathryn Burkey	director	P.O. BOX 9, 19 SOUTH SECOND STREET, OAKLAND MD 21550
Elaine L Mcdonald	director	672 WHITE OAK DR, SWANTON MD 21561